Trade Covenant Logistics Group Inc - CVLG CFD

Covenant Logistics Group, Inc. Company profile

About Covenant Logistics Group Inc

Covenant Logistics Group, Inc. is a provider of freight transportation, primarily using two-person driver teams in transcontinental lanes. The Company operates through four segments: Expedited, Dedicated, Managed Freight, and Warehousing. The Expedited segment primarily provides truckload services to customers with service freight and delivery standards, such as 1,000 miles in 22 hours, or 15-minute delivery windows. Its Dedicated segment provides customers with truckload capacity over contracted periods with three to five years in length. The Managed Freight includes its brokerage and transport management services (TMS). Brokerage services provide logistics capacity by outsourcing the carriage of customers’ freight to third parties. The Warehousing segment provides day-to-day warehouse management services to customers. It also provides shuttle and switching services related to shuttling containers and trailers in or around freight yards and to/from warehouses.

Financial summary

BRIEF: For the fiscal year ended 31 December 2021, Covenant Logistics Group Inc revenues increased 25% to $1.05B. Net income before extraordinary items totaled $58.2M vs. loss of $14.1M. Revenues reflect Freight Revenue increase of 22% to $949.9M, Fuel surcharge revenue increase of 54% to $96.1M. Net Income reflects Expedited segment income totaling $33.1M vs. loss of $7M, Managed Freight segment income increase from $4.5M to $32.5M.

Equity composition

Common Class A $.01 Par, 12/10, 20M auth., 13,469,090 issd., less 1,278,408 shs. in Treas. @ $16.8M. Insiders own 30.95%. PO 10/94, 3.8M shs @ $16.50 by Wertheim Schroder & Co. PO 6/98, 2.5M shs (1.54M by Co.) @ $19 by BT Alex Brown. 6/07, Name changed from Covenant Transportation Group, Inc. Common Class B $0.01 Par, 5M auth., 2,350,000

Latest shares articles

Gold (XAU/USD) remains supported as economic concerns resurface
Safe haven interest drives gold higher as markets no expect the Federal Reserve to cut rates in September
17 hours ago
Capital.com press release
Capital.com donates €50,000 to the Cyprus Red Cross Society to support wildfire relief efforts
Capital.com donates €50,000 to the Cyprus Red Cross Society to aid families affected by wildfires, reinforcing its commitment to community support.
10:00, 5 August 2025
Bank of England Preview: Further easing expected
Bank of England Preview: Further easing expected
The Bank of England is expected to lower rates by 25 bps in August but the vote split may give markets further insight into the MPC's outlook
09:31, 5 August 2025
Wall Street drops following US jobs data and latest Trump tariff shock
Wall Street drops following US jobs data and latest Trump tariff shock
Wall Street tumbles after the negative data and higher than expected tariffs.
11:35, 4 August 2025

Read our reviews to find out more about us

Read the feedback from our clients around the world.
2025-07-01
Victor Flemming Nandwa Søder

Great customer service I got to say that. They helped get my account back very fast, after i logged myself out by losing my old email, it was so fast you wouldn’t believe it thank you once again.

2025-07-01
Perry Reineke

I'm learning the basics of stock investing. This platform is clear and pretty good. I've been using it for over 6 months.

2025-06-30
Brigman

Everything worked as expected from the 1 day. I didn’t have to search how to use the platform, it’s intuitive. The support chat was there when I had a tiny issue.

2025-06-29
proinpro

Capital is really great to be used on start, also beginner friendly broker! Great costumer support and it is quick!

2025-06-27
Gio Gvazava

Capital.com has been great for both learning and trading. The app is clean, fast, and packed with useful tools. Customer support has been solid too. Definitely recommended for beginners and active traders alike.

2025-06-22
Jean A.

The app is built to make options and figures easy to understand, great for beginners and intermediate traders. Demo accounts are simple to set up. 100:1 leverage is available.

2025-06-22
Douglas

Deposits and withdrawals work without issues. Very low spreads. No noticeable fees. Easy to follow.

2025-06-19
dgogidze7

I would like to express a huge thank you to Evgeniya Logvinovich, customer service manager. For your attention and heartfelt attitude to your clients.❤️

2025-06-19
foobarbeer

I am extremely happy with this broker. Great spreads, good selection of instruments, well coded toolbox.

2025-05-29
Casaubon70

Love the TV integration. Makes traders life smooth and comfortable.

2025-05-24
Radioilluminati

I trade every day and Capital is my beloved home. I also create music and you can always feel when something has been created from the heart. Capital has soul!

2025-05-20
GemzT

I’d been paper trading for 2yrs now, went live and this platform is easy for beginners to understand and navigate all important tools to execute all that I learned. Earning now!

2025-05-06
Mahran Rahim Bakhsh Rasool Bakhsh Al Balushi

It's a great app, and it's safe to practice with the demo. Then, when you're ready for the real thing, I'd suggest installing it.

2025-04-29
dmjnoor

This application is perfect.. simple, easy to use, run smoothly and fast and it has an accurate graphics.. be careful to use only one credit card and one bank account to prevent any withdrawal problem.. overnight fees and spread variation will be repaid for you by the next month.. I used many application but this is the best one

2025-03-24
Debbie P

The best trading company I've found so far and so easy to use.

2025-02-06
Nouman Butt

User friendly app & interface and good support team. Funds transfer ease & Leverage is an advantage but crypto is highly risky be responsible of your loss limits and risks appetite.

2025-01-30
Claus-Bernhard Schuetze

Awesome trading platform On both desktop and mobile and u can start with low budget as the contracts can be adjusted and when u have confidence u can start full trading - being integrated in tradingview is absolutely awesome as well

Showing our 4 & 5 star reviews.

Ready to join a leading broker?

Join our community of traders worldwide
1. Create your account2. Make your first deposit3. Start trading